News and analysis
February 24, 2013

Funds Nurture Entrepreneurs With Far-Out Ideas to Benefit Society

Fabrizio Costantini/The New York Times/Redux

The nonprofit Bizdom, started by the billionaire founder of Quicken Loans, provides promising entrepreneurs like James Smith Moore, of Jimmy Kicks, with $25,000, mentoring, and connections to wealthy investors.

While working in an impoverished area in Peru, Liz Morris hit upon the idea of building a better outhouse.

Ms. Morris, who has degrees in packaging science and engineering, founded Sanitation Creations in May 2011. The two-person start-up, based in...

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